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JAY v. SMITH

No. WD 42770.

806 S.W.2d 153 (1991)

Stephen H. JAY, Jr., David R. Jay, and Lois Epperson, Statutory Trustees for Jay Truck Driver Training Centers, Inc., Appellants, v. Gary SMITH, Defendant, Wood & Huston Bank and John Huston, Respondents.

Missouri Court of Appeals, Western District.

April 2, 1991.

Attorney(s) appearing for the Case

Kenneth D. McCutcheon, Jr., Woolsey & Yarger, Versailes, for appellants.

Donald S. Huff, Huff & Huff, Marshall, for respondents.

Before KENNEDY, P.J., and SHANGLER and GAITAN, JJ.

SHANGLER, Judge.

The petitioners Jay, Jay, and Epperson, as statutory trustees of Jay Truck Driving Training Centers, Inc.—a Missouri corporation whose charter had been forfeited—filed in the circuit court of Morgan County a motion to approve a bond to redeem from foreclosure sale under a mortgage deed of trust the land bought in by the respondent, John Huston. The deed of trust had been granted by the corporation to the Wood & Huston Bank to secure...

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